Is Another Spanish Bank about to Bite the Dust?
Bank investors don’t like not getting bailed out. Now they’re worrying it could happen again… Read More Is Another Spanish Bank about to Bite the Dust?
Category: Faux Recovery
Stupid Is As Stupid Does
If you prefer fake news, fake data, and a fake narrative about an improving economy and stock market headed to 30,000, don’t read this fact based, reality check article… Read More Stupid Is As Stupid Does
U.S. Has Worst Wealth Inequality of Any Rich Nation, and It’s Not Even Close
As the U.S gets wealthier, it is also getting steadily more unequal in wealth per adult… Read More U.S. Has Worst Wealth Inequality of Any Rich Nation, and It’s Not Even Close
The Crumbling American Superpower
The American Society of Civil Engineers has just released their quadrennial assessment of United States essential infrastructure–roads, clean water supplies, levees, ports, dams, bridges, electric grid. The report gives the nation a near-failing D+ grade.… Read More The Crumbling American Superpower
$21,714 For Every Man, Woman And Child In The World – This Global Debt Bomb Is Ready To Explode
We are living during the greatest debt bubble in the history of the world, and our financial engineers have got to keep figuring out ways to keep it growing much faster than global GDP because if it ever stops growing it will burst and destroy the entire global financial system… Read More $21,714 For Every Man, Woman And Child In The World – This Global Debt Bomb Is Ready To Explode
Trump Flip-Flops on Bubblemaking
When Trump was running for office, stocks were headed for another thundering crash. But now that he’s president, Happy Days Are Here Again. The question is: Which Trump do we believe? Are stocks in a bubble or not?… Read More Trump Flip-Flops on Bubblemaking
The Coming Class Wars
Income and wealth inequality are rising sharply, and capital is pulling far ahead of labor, which is creating a vast and quickly-widening divide between the classes… Read More The Coming Class Wars
Economist Who Predicted Trump & Brexit Explains How System Screws You
Political economist Mark Blyth explains what austerity is and what it means for the people exposed to it. … Read More Economist Who Predicted Trump & Brexit Explains How System Screws You
What Would it Cost a Country to Leave the Euro? That’s What Everyone Suddenly Wants to Know
Le Pen is campaigning on taking France out of the euro (after holding a referendum) and re-denominating the entire €2.4 trillion pile of French government debt into new franc. Then the government can just print the money it wants to spend… Read More What Would it Cost a Country to Leave the Euro? That’s What Everyone Suddenly Wants to Know
If Everything is so Bullish, Why Are Bank Insiders Dumping Their Shares at Record Pace?
What are they seeing from their perch that we don’t?… Read More If Everything is so Bullish, Why Are Bank Insiders Dumping Their Shares at Record Pace?
Michael Hudson on the Orwellian Turn in Contemporary Economics
Originally posted at The Real News Network
Crunch Time for “Zombie Bank… on Brink of Collapse”
Short-sellers have a field day with Spain’s “Most Italian Bank”… Read More Crunch Time for “Zombie Bank… on Brink of Collapse”
